Amortization Calculator Excel Template
Save, fill-In The Blanks, Print, Done!
Download Amortization Calculator Excel Template
Microsoft Spreadsheet (.xlsx)- This Document Has Been Certified by a Professional
- 100% customizable
- This is a digital download (94.2 kB)
- Language: English
- We recommend downloading this file onto your computer.
How do you calculate an amortization table? Can excel do an amortization schedule?
If you've been feeling stuck and don't know how to start an Amortization, this Loan Interest Amortization Schedule template can help you out. This Amortization calculator covers is exactly what you are looking for and will help you to do the calculation in a professional way.
The following variables are important when making an Amortization Schedule:
- Contract Start Date
- Beginning Principal Balance
- Term (months):
- Annual Percentage Rate:
- Monthly Payment:
- First Payment Due Date:
- Total of Payments:
- Beginning Balance
Feel free to download this intuitive template that is available in several kinds of formats, or try any other of our basic or advanced templates, forms or documents. Don't reinvent the wheel every time you start something new...
On a simple interest contract, finance charges are calculated based on the unpaid principal balance of the contract. As each payment is made, the payment amount is applied toward the finance charges that have accrued since the last payment was received. The remaining portion of the payment is applied in accordance with the terms of your contract.
Finance charges accrue daily based on the unpaid principal balance. For example, if the unpaid principal balance on your account is $19,737.71, your Annual Percentage Rate (APR) is 9% and your normal monthly payment amount is $415.17, your daily finance charge amount is calculated as follows
Download this loan payoff calculator with amortization table excel template and save yourself time and effort! You will see completing your task has never been simpler!
DISCLAIMER
Nothing on this site shall be considered legal advice and no attorney-client relationship is established.
Leave a Reply. If you have any questions or remarks, feel free to post them below.
Related templates
Latest templates
Latest topics
- Invoice Templates
What exactly is an invoice, and what is the difference between the terms “receipt” and “bill”? Check out our Invoice, Bill & Receipt templates. - IT Security Standards Kit
What are IT Security Standards? Check out our collection of this newly updated IT Security Kit Standard templates, including policies, controls, processes, checklists, procedures and other documents. - Best Calendar Templates
How do you make a nice calendar? Are you looking for nice calendar templates in MS Word, Excel or PowerPoint to improve your personal efficiency and effectiveness? These easy to modify calendar templates can help you out! - Excel Templates
Where do I find templates for Excel? How do I create a template in Excel? Check these editable and printable Excel Templates and download them directly! - GDPR Compliance Templates
What do you need to become GDPR compliant? Are you looking for useful GDPR document templates to make you compliant? All these compliance documents will be available to download instantly...
cheese
